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COOPERATIVE PROGRAM GSSCC began an electricity cooperative purchasing program in 2004 to provide long term budget stability and savings to our members. Members in the first enrollment group with contracts ending in 2008 and 2009 have saved up to 14% off the utility default rate in spite of the lowest energy prices in four years. Through the GSSCC Energy Co-op, members pool their buying power and get the best available competitive market price for a typical term of 12 to 36 months. The program also saves Chamber members the time and expense of evaluating offers from multiple suppliers. On July 3, 2008 energy prices were at record highs with electricity prices at 16 cents per kilowatt hour, natural gas prices at $1.50 per therm, and oil prices at $147.00 per barrel. Electricity market prices are expected to increase an additional 11% over the next twelve months based on a recent report released by the Department of Energy. Now is an excellent time for members interested in achieving long term energy cost savings and stability to consider joining in the cooperative. The application fee is $250 per location for electricity accounts and $150 per location for natural gas accounts. More information is posted on the CQI Website. Back to Latest News
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